Sales Jump 1.5% in Brazil. Clothes Up, Books Down

Textile industry in Paraná state, Brazil Compared with the previous month, retail trade sales grew 1.8% in March, in Brazil, according to the Brazilian Institute of Geography and Statistics (IBGE). The sector posted a 2.3% rise in nominal revenues (absolute terms).

According to the Monthly Survey of Trade, seven out of ten activities surveyed recorded growth in sales volume, in the series with figures seasonally adjusted for March.

Sectors that had a positive impact on the result were textiles, clothing and shoes, growth of 6.1%; hypermarkets, supermarkets, foodstuffs, beverage and tobacco (3.3%); fuels and lubricants (1.7%); furniture and household appliances (1.6%); pharmaceutical, medical, orthopaedic, perfumery and cosmetic products (1.4%); construction material (1.2%) and vehicles and motorcycles, parts and accessories (0.2%).

On the other hand, reduction in sales volume was recorded for books, newspapers, magazines and stationery (-1.3%); other articles of personal and household use (-2.1%) and equipment and material for offices, computers and communication (-5.6%).

Retail trade grew 11% in Brazil in the first two months of this year compared with the same period last year. The figures were taken from the Serasa Trade Activity Indicator.

Specialized retail for products such as electric and electronic devices, vehicles and construction material recorded a 12.5% expansion during the period. Hypermarket and supermarket sales grew 9% using the same basis for comparison.

Sales also saw a 10.9% expansion in the month of February in comparison with the same month of 2007. Sales volumes for hypermarkets, supermarkets, and retail food and beverage increased 9.2%, and specialized retail posted a 12.5% growth.

The indicators, according to technicians at Serasa, reflect the expansion of credit supply, longer term financing, insolvency under control, growth of formal employment and of total wages paid.

ABr

Tags:

Ads

You May Also Like

Need for Fertilizer Boosts Brazil’s Chemical Imports by 200%

Imports of chemical products by Brazil from the countries in the League of Arab ...

Inside the Campaign to Demoralize Brazil’s House Speaker

The festival of explicit elitism has restarted, performed by the usual ones, those self-professed ...

Doing business in Brazil

Fine Points on How to Buy, Invest in or Join a Brazilian Firm

My previous articles about doing business in Brazil focused on organizing a new company ...

Brazil to Have World’s First Robotic-Arm Surgery Controlled by Patient’s Brain

Miguel Nicolelis,  a world-renowned Brazilian neuroscientist will perform the world’s first operation on a ...

FIFA Mad at Brazil For Asking Too Much and Giving Too Little to the 2014 World Cup

Five-time world champion Brazil, according to International Federation of Football Association (FIFA) has been ...

Brazilian Indians Enter Information Era

In March, the state department of Education wants to establish a program of digital ...

Brazil Says WTO Talks Need Obama’s Nod in Order to Succeed

Global trade talks need a strong signal from US President-elect Barack Obama to save ...

How Muslins Found a Home and Thrived in Brazil

Those interested in the history of Arab immigration to Brazil have just been provided ...

Brazil Salmaso’s Eloquent Simplicity

An interpreter whose air of intimacy, unmatched timbre, and unique sense of phrasing entices ...

Library Program Represents Brazil at Cuba’s Book Fair

The Rural Libraries program, Book Chest, run by Brazil’s Ministry of Agrarian Development’s (MDA) ...